The performance of manufacturing production in the Philippines further contracted in August, the sixth consecutive month, the Philippine Statistics Authority (PSA) said on Tuesday (Oct 6, 2020). - AFP
MANILA, Oct 6 (Xinhua): The performance of manufacturing production in the Philippines further contracted in August, the sixth consecutive month, the Philippine Statistics Authority (PSA) said on Tuesday.
Based on the preliminary results, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) remain at a downward trend, declining 13.8 per cent and 9.9 per cent in August, respectively.
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